LimeFx Forex broker review: Features analysis FXTM is better for beginner traders due to its low minimum deposit requirement, comprehensive educational resources, and social trading feature. Both LimeFx and FXTM offer MetaTrader 4 and 5, the most popular trading platforms in the forex industry. LimeFx provides deep liquidity, which ensures fast execution speeds and minimal slippage. On the other hand, FxPro offers a no-dealing desk environment, which means there is no conflict of interest between the broker and the traders. The platform doesn’t offer Negative Balance Protection or guaranteed stop losses which are increasingly popular trade and risk management tools. The benefit of omitting those is seen in the depth of market flow seen in the offered forex markets and correspondingly super-tight spreads. Different entities work under the FPMarkets brand to offer a unique trading experience. The mobile app offers a range of features, including advanced charting tools, real-time market news and analysis, order management functionality, and customizable watchlists. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you won’t have to pay a conversion fee. The service charge for facilitating the buying and selling of CFDs is exempted. In a sea of different trading platforms that all have very similar offerings, it’s tough to stand out, but LimeFx really does go above and beyond. There are several excellent educational tools, such as demo accounts and e-books. LimeFx is one of the top brokers in the wide world with the versatile support for all sorts of assets and, reportedly, tight spreads during trades. However, they have expanded so much, people from all over flock to their services. Efficient customer support ensures that the client’s issues are adequately solved. LimeFx assure various customer service options for their users. Customers can use email, live chat (24/7), telephone, or toll-free options to resolve their issues. A wide range of financial instruments is fully supported with the LimeFx Pro Account. FxPro is regulated by the Financial Conduct Authority (FCA), CySEC, the Financial Sector Conduct Authority (FSCA), and the Securities Commission of The Bahamas (SCB). This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The actual execution needs mentioning too as ECN pricing and VPN functionality is available as is copy trading through the use of AutoTrade. LimeFx offer just about everything you could want from a broker. Other factors such as execution speed, ease of use, and the trading environment can also play a significant role in your trading experience. For the EUR/USD pair, LimeFx has a spread of 1.1, while Forex.com has a slightly higher spread of 1.2. The industry average for this pair is 1.35, which means both brokers offer better spreads than the average. Deposit options On the other hand, easyMarkets stands out for its fixed spreads, commission-free pricing model, and additional features like free guaranteed stop loss and dealCancellation. Ultimately, the choice between LimeFx and easyMarkets will depend on your individual trading needs and preferences. A variety of online trading https://limefx.vip/ platforms are available in the market. But, LimeFx offers its platforms based on the minimum deposit requirements and the account types. Some brokers may have to make a minimum deposit of $6,500, while some may have to deposit $10,000. However, some payment methods may accrue a fee on the transactions. The key tradable assets supported by LimeFx include forex currency pairs and CFDs. An LimeFx client needs to add money to the account for trading these assets. A demo account can be used to run a simulated version of trading forex pairs and CFDs. LimeFx caters to different types of traders, from beginners to experts. The Virtual Portfolio of LimeFx trading platform can be tested with the demo account. It also provides StopLoss orders and trailing stops for high-performing clients. This LimeFx vs easyMarkets review found big contrasts between each broker. In conclusion, based on this data, I would argue that LimeFx is the cheaper option when it comes to standard account spreads. Unfortunately, bond CFDs are not available.You can also trade futures CFDs for global stock indices. On the other hand, easyMarkets requires a minimum deposit of $200 for its Standard account, $1,000 for its Premium account, and $2,500 for its VIP account. This makes them, in summary, one of the best forex brokers you could ever trade with! EasyMarkets, on the other hand, offers its proprietary easyMarkets platform and the popular MetaTrader 4. The easyMarkets platform is web-based and user-friendly, making it a good choice for beginner traders. It also offers unique features like dealCancellation, which allows traders to undo losing trades within an hour for a small fee. On the commission front, both brokers charge a commission for certain types of accounts. LimeFx charges a commission of $7 per lot for its RAW account, while FxPro charges a commission for its cTrader account, with the exact amount depending on the trading volume. However, FxPro offers commission-free trading on its MT4 and MT5 accounts, which could be a significant advantage scammed by limefx for traders who prefer these platforms. Therefore, in terms of commissions, FxPro has a slight edge due to its commission-free options. EasyMarkets also offers customer support via phone, email, and live chat. In addition, easyMarkets provides a personal account manager for all its traders, which can be a significant advantage for traders who prefer personalized service. Both LimeFx and easyMarkets offer a variety of payment methods, including credit/debit card, bank transfer, and e-wallets like Skrill and Neteller. This gives traders flexibility in how they deposit and withdraw funds from their trading accounts. There’s a minimum deposit of just $100, so you can get started on the platform without being a millionaire or committing all your money. However, for IRESS accounts, you’ll need a minimum deposit of $1000 AUD, which might be higher for some account types. cTrader and TradingView Customer support representatives are on the ball, with highly responsive agents, professional feedback, and a focus on customer service excellence. Both LimeFx and FXTM offer excellent customer service, available 24/5 via live chat, email, and phone. They also provide comprehensive educational resources, including webinars, tutorials, and market analysis. Based on our exclusive research on execution speeds, FXTM has the fastest execution speed. This is crucial for traders as it can help prevent slippage, ensuring that orders close at the requested price. LimeFx: Trading Platforms & Tools EasyMarkets also offers educational resources, including trading guides, webinars, and market news and analysis. It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios. Overall, we found LimeFx as one of the most awarded CFD and FX trading providers with good quality trading environment. So in our conclusion, LimeFx is suitable for traders of different size and expertise while FP Market is a reliable brokerage good for long term cooperation and different type of investors welcome. LimeFx summary These factors, plus the war in the middle east which has produced a minor flow into safe haven assets, are strengthening the greenback. Last week was quite light in terms of major data releases, with the major events being the US CPI and PPI data releases which showed inflationary pressure in the US economy is stronger than was thought. There was also a release of the most recent FOMC minutes from the USA which suggested there is still strong support at the Fed for a further rate hike in 2023. I’ve requested numerous times to deactivate my account as I no longer wish to use this service. Despite this, I keep receiving persistent calls, and I’ve been informed that they will continue calling. Other more day-to-day metrics such as the ‘Market Activity’ monitor are neat touches. Both platforms offer a range and quality of charting tools which is hard to beat. The Iress platform can also be accessed via Iress app or web browser. Transferring deposits in a particular fiat currency could be a bit more expensive than the other. A credit card with low charges is also suitable for adding money regularly. There are two accounts available to clients, the standard account and the raw account. Of course, you can take your forex trading to the next level with professional accounts, but there are stringent requirements in place for them. The Forex trading platforms are easy to use, and customer support is incredibly helpful for any questions, queries, or complaints you may have. When it comes to the trading environment, both LimeFx and OANDA have their strengths. Available Leverage It is popularly known as “LimeFx” or “FPMarkets” in the global trading community. By providing financial trading platforms and multi-asset broker services, LimeFx has gained its reputation over the years. Founded in 2005, the broker is registered under the company title, First Prudential Markets Pty Ltd.
